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5043 Bayou Blvd
Pensacola, FL 32503
Office Property For Sale
Executive Summary
This is a stabilized, government-anchored, multi-tenant investment property located on Bayou Boulevard — one of Pensacola’s primary commercial corridors. The asset features:
U.S. Government tenancy (Army National Guard + U.S. Navy / USACE)
Medical/Professional NNN tenancy
Separate billboard income stream ($45,000/year)
Diversified rent roll
Structured rent escalations
Conservative expense profile
U.S. Government tenancy (Army National Guard + U.S. Navy / USACE)
Medical/Professional NNN tenancy
Separate billboard income stream ($45,000/year)
Diversified rent roll
Structured rent escalations
Conservative expense profile
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
7,436 SF
Building Class
C
Year Built
1980
Price
$3,400,000
Price Per SF
$457.24
Cap Rate
7.05%
NOI
$239,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,436 SF
Building FAR
0.18
Lot Size
0.93 AC
Zoning
C-1 - Commercial
Parking
54 Spaces (7.26 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 33-1S-30-7200-000-023 | Improvements Assessment | $653,676 |
| Land Assessment | $810,220 | Total Assessment | $1,463,896 |
Property Taxes
Parcel Number
33-1S-30-7200-000-023
Land Assessment
$810,220
Improvements Assessment
$653,676
Total Assessment
$1,463,896
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